The stock market is filled with individuals who know the price of everything, but the value of nothing” Milton Friedman, ...

Keynesians claimed that stagflation—rising price levels and increasing rates of unemployment—couldn’t happen. Then it ...

Explore the contrasts between Keynesian economics and monetarism and learn how each theory influences fiscal and monetary policies to regulate economic growth.

Today marks the 113th birthday of economist Milton Friedman, one of history’s most consequential free-market advocates. Reflecting on the work of Friedman this year reminds us how much more sound and ...

"Was Milton Friedman the most important libertarian of them all?" Reason's Nick Gillespie asked Stanford historian Jennifer Burns during a live taping of The Reason Interview With Nick Gillespie ...

Learn how the Keynesian multiplier affects economic growth, emphasizing government spending's influence on employment and GDP within macroeconomic theory.

In her account of the destructiveness of inflationary policies (“How Inflation Ended Neoliberalism,” op-ed, Nov. 16), Jennifer Burns asserts that Milton Friedman “would likely have supported” some of ...

In Abundance, published in March, journalists Ezra Klein and Derek Thompson outline a vision for material progress aimed at specific goals—such as increasing housing production in San Francisco, ...

An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability. By Jeff Sommer He heralded stock options and ...